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1manband

02/05/20 4:30 PM

#30090 RE: Value_Investor #30089

RCPIQ is worthless. The stock will be cancelled shortly, and anyone foolish enough to be holding a Chapter 7 liquidated bankrupt company's shares will lose 100% of their investment.
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1manband

02/05/20 4:34 PM

#30091 RE: Value_Investor #30089

There is no such thing as a "Chapter 7 shell"! Chapter 7 is automatic liquidation and the equity has no value post-liquidation. That equity is worthless and is not a shell.

That is the LAW. Claiming equity in a Chapter 7 liquidated company has any value of any kind is absolutely flat-out incorrect.

Anyone holding such shares will lose 100% of their investment when the shares are cancelled.